Insight ReportXcel Brands x Coresight Research Monthly Fashion Trend Report Coresight Research June 27, 2019 Executive SummaryThe Xcel Brands x Coresight Research Monthly Fashion Trend Report highlights the fashion trends that are just emerging, growing quickly or hitting maturity. The Monthly Fashion Trend Report offers critical insights on evolving trends for designers, planners, retailers, buyers and merchandisers. The trend report is a valuable decision-making tool based on deep quantitative and qualitative analysis using data from Trendalytics. For more data, please see our Fashion Trend Monthly Data Report. Xcel Brands uses quantitative and qualitative data to compile the monthly trend report and create lookbooks which include data from Trendalytics. Reflective pants are a top growing fashion trend, with 68% of reflective pants selling at full price online in May 2019. Reflective pants had the highest rate of online search growth, with an average of 5,479 searches per week, up 339.8% compared to last year, according to Trendalytics data. Feminine tops and dresses with volume sleeve details continue to do well across all price points and continue to attract consumers of all ages, according to social media postings. Puff sleeve tops are showing particular success in the $25-49 price range, with over 29% of retailers pricing tops in this range. Dusty pink color is a mature trend that is beginning to see market saturation across fashion trends. We believe this color will be popular only at competitive prices, with new patterns or differentiating details. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportAlibaba’s Tmall Global Launches Its First English-Language Website Coresight Research June 27, 2019 Executive SummaryAlibaba’s Tmall Global, China’s largest business-to-consumer (B2C) cross-border online marketplace, launched its first English-language website on June 26. The website gives an opportunity for international brands and merchants looking to enter the China market through a more streamlined process. Tmall Global saw significant growth in 2018, with the number of new flagship store openings doubling year over year. That rate is expected to accelerate even further this year. The new website presents various Tmall Global solutions, including instructions on how to use Tmall Overseas Fulfillment (TOF), a new initiative that allows international brands to store merchandise in TOF warehouses on a consignment basis before entering China. Tmall Global plans to unveil different versions of the website in other languages, including Korean, Japanese and Spanish. Some of the US brands that have already tapped into Tmall Global’s solutions include: 100% Pure, Evereden, Emily’s Chocolates & Nuts and Dr. Bronner’s. This document was generated for
Insight ReportSupply Chain Briefing: The Internet of Things Brings Efficiency and Accuracy to the Supply Chain Coresight Research June 27, 2019 Executive SummaryIn our weekly Supply Chain Briefing series, we discuss how technology is transforming the various stages of the retail supply chain, including product design, demand forecasting, manufacturing, logistics, warehousing, last-mile delivery and sales. This report discusses the Internet of Things (IoT), a technology used extensively in a variety of industries’ supply chains. Global spending on IoT is estimated to reach $745 billion by the end of 2019, an increase of 15.4% year over year (YoY) compared to $646 billion spent in 2018, according to market intelligence company International Data Corporation. Companies use IoT to enhance workflow, optimize logistics and streamline delivery at various stages of the supply chain. IoT has a variety of applications in retail. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportFashion Trend Monthly Data Report – June 2019 Coresight Research June 26, 2019 Executive SummaryThe Fashion Trend Monthly Data Report report accompanies the Xcel Brands x Coresight Research Monthly Fashion Trend Report. Together, these reports highlight the fashion trends that are just emerging, growing quickly or hitting maturity. The Monthly Fashion Trend Report offers critical insights on evolving trends for designers, planners, retailers, buyers and merchandisers. The trend report is a valuable decision-making tool based on deep quantitative and qualitative analysis using data from Trendalytics. Reflective pants are a top growing fashion trend, with 68% of reflective pants selling at full price in the online marketplaces in May 2019. Reflective pants had the highest rate of online search growth, with an average of 5,479 searches per week, up 339.8% compared to last year, according to Trendalytics data. Feminine tops and dresses with volume sleeve details continue to do well across all price points and continue to attract consumers of all ages, according to social media postings. Puff sleeve tops are showing particular success in the $25-49 price range, with over 29% of retailers pricing tops in this range. Dusty pink color is a mature trend that is beginning to see market saturation across fashion trends. We believe this color will be popular only at competitive prices, with new patterns or differentiating details. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportWalmart: A Timeline of Key Events Coresight Research June 26, 2019 Executive SummaryAs part of our Retailers’ Timelines series, we examine a timeline of key events in Walmart’s recent history. From 2016 to 2019, we saw Walmart focus on managing its store fleet efficiently, strengthening its e-commerce business and expanding its omnichannel capabilities. To bolster its global online proposition and compete with Amazon, Walmart also made a series of strategic acquisitions. In April 2019, Walmart launched Intelligent Retail Lab, an AI-powered “store of the future,” in Levittown, New York. In May 2018, Walmart acquired a majority stake in Indian e-commerce marketplace Flipkart. In 2017, the retailer acquired Bonobos, a US-based e-commerce company focused on men’s apparel, and Moosejaw, an outdoor apparel retailer. In 2016, Walmart acquired online women’s clothing and accessories retailer ModCloth and e-commerce platform Jet.com. To view more research related to Walmart, click here. Click here to read our full collection of Retailers’ Timelines. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportUS Independence Day 2019 Preview: Americans Set To Spend $6.8 Billion, Down Slightly from 2018 Coresight Research June 26, 2019 Executive Summary According to the Independence Day spending survey from the National Retail Federation (NRF) and Prosper Insights & Analytics, about 86% of Americans plan to celebrate the 4th of July holiday this year, compared to last year’s 87%. The NRF projects total spending on food for the holiday this year will be $6.78 billion, lower than the past two years. About 61% of people surveyed plan to attend a cookout or barbecue, while nearly 40% plan to attend fireworks displays. Only 14% of those surveyed said they would travel over the holiday. The average expected spend per person on food will be $73.33 this year, down 2.7% from last year. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveSilver Consumers in the US, 2019 Coresight Research June 26, 2019 Executive SummaryIn this report, we look at the senior population in the US, its spending power and spending habits. The 65+ age group accounted for 16% of the US population in 2018, or over 50 million people, and is expected to grow by 40%, or 20 million, through 2030. Spending by senior households amounted to $1.6 trillion in 2017, up 10% year over year. Of the $1.6 trillion, $1.0 trillion was spent by households headed by those between the ages of 65 and 74, while the remaining $0.6 trillion was spent by households headed by those aged 75 and over. Apparel is one category that US senior households underindex on severely: They account for just 16% of total consumer household spending on the category compared to their 24% share of US households. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportAmazon Announces a 48-Hour Prime Day for 2019 Coresight Research June 26, 2019 Executive SummaryAmazon has announced the timing of its annual Prime Day, which this year will be a two-day shopping festival starting July 15, just after midnight Pacific Time. The 48-hour Prime Day will be the longest Prime Day sale so far, up from the 36-hour Prime Day in 2018. Prime Day 2019 will feature more than one million deals globally, including what the company says will be “the biggest deals ever” on Amazon Music, Prime Video, and Alexa-enabled devices. Discounts will also be available at Whole Foods Market. Prime members from 18 countries worldwide can participate in the sale, including the United Arab Emirates (new this year). For the first time, members can shop deals from US-based innovators, artisans and entrepreneurs, and entertainment events and celebrity brand collaborations add excitement to the event. Coresight has been covering Amazon Prime Day since it was launched in 2015 and additional reports can be accessed here. This document was generated for
Event PresentationThe Rise of AI-Powered Retail (RetailX) Coresight Research June 25, 2019 Executive SummaryThis presentation was given as part of the Retail Touchpoints Live! Track at the RetailX conference. It discusses how AI is an essential technology for retail, the CORE framework for categorizing and analyzing retail and current applications. Topics include: More retailers will turn to AI for better inventory and pricing decisions AI elevates accuracy, efficiency and experience Alibaba successfully used AI tro drive sales growth on Singles’ Day Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Company Earnings Update1Q19 US Earnings-Season Wrap-Up Coresight Research June 25, 2019 Executive SummaryThis report reviews the most recent quarterly earnings for (mostly) US-based companies in the Coresight 100, our focus list of retailers, brand owners and real estate firms. A total of 67 Coresight 100 retailers, brands, e-commerce platforms and REITs are included in this 1Q19 wrap-up. Nearly two-thirds (60% or 40 companies) beat consensus estimates on the revenue line, 34% (23 companies) missed revenue consensus estimates and 6% (four companies) reported revenues in line with the consensus. More than three-quarters (76% or 51 companies) beat consensus earnings estimates (EPS and FFO), 19% (13 companies) missed earnings estimates and 5% (three companies) reported earnings in line with consensus estimates. This document was generated for
Insight ReportInsights from China: How Brands Can Use Video App TikTok Coresight Research June 25, 2019 Executive SummaryIn our biweekly series Insights from China, we examine issues that affect international brands and retailers in China. We cover areas such as policy, consumer behavior, consumer sentiment, government regulations and the competitive landscape — as they affect the business operations and future outlook. In this report, we look at the hit short-video app TikTok and how the app attracts users and brands to its platform. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Question of the WeekHow Much Does the US Depend on China for Its Furniture Imports? Coresight Research June 24, 2019 QUESTION OF THE WEEK: How Much Does the US Depend on China for Its Furniture Imports? China accounted for almost 60% of the furniture imported to the US by value in 2017. That was almost five times the share accounted for by the second largest exporting country, Vietnam. This document was generated for
Deep DiveReviewing Grocery Tech Innovations from Walmart and Kroger Coresight Research June 24, 2019 Executive SummaryThe digitalization of grocery retailing is about much more than e-commerce. In the US, Walmart and Kroger are leading the charge in digital adoption across the grocery supply chain. In this report, we review a number of grocery tech innovations from these two retailers. Self-scan and autonomous checkouts are gaining traction, giving customers the option to skip the checkout lines and helping retailers save on labor costs. Walmart has launched an upgraded Scan & Go service in its Sam’s Club chain, where customers scan barcodes and pay through a smartphone app. Walmart is working with Waymo to provide pick up and drop service to customers, using self-driving vehicles. Kroger is trialing the use of self-driving vehicles for grocery deliveries, in collaboration with Nuro. Walmart and Microsoft announced a five-year cloud partnership to drive digital transformation, supported by artificial intelligence (AI), cloud technologies and the Internet of Things (IoT). Kroger has partnered with Ocado to strengthen its e-commerce capabilities. Kroger and Ocado plan to build 20 automated customer fulfillment centres. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportFacebook Announces its New Digital Cryptocurrency: the Libra Coresight Research June 24, 2019 Executive SummaryOn June 18, 2019, Facebook launched a new subsidiary named Calibra, whose first project is a digital wallet for a new global currency called Libra that is powered by blockchain technology but backed by real assets. The wallet will be available in Messenger, WhatsApp and as a standalone app. Its launch is expected in 2020. One of the motivations for Libra is that nearly half the adults in the world lack an active bank account – particularly in developing countries – and migrants spend $25 billion annually on remittance fees. Calibra promises the ability to send payments to nearly anyone or pay bills with a smartphone as easily as sending a text message at little or no cost. The platform also promises to offer strong security protections using the same verification and anti-fraud processes that banks and credit cards use, in addition to automated systems that will proactively monitor activity to detect and prevent fraudulent behavior, as well as protect user privacy. Facebook has signed up 27 companies to back the new cryptocurrency, including Visa, Mastercard, PayPal and Uber. Coresight’s take: The concept sounds intriguing and has received important validation from major financial institutions; however, Libra’s arrival remains “a long way from launch” according to COO Sheryl Sandberg, and Calibra faces regulator concerns as well as a skeptical public following consumer privacy concerns following the prior misuse of the company’s data. This document was generated for
Flash ReportCarrefour Announces Sale of Majority Stake in Its China Operations to Suning.com Coresight Research June 24, 2019 Executive Summary Carrefour has agreed to sell an 80% stake in its China business to Suning.com. The agreement includes options for Carrefour to sell the remaining 20% to Suning.com after two years. The move follows Amazon exiting China and Aldi opening its first stores in the country. This document was generated for
